Court: Hoffman Didn’t Want His Children To Be ‘Trust Fund’ Kids

In this Jan. 19, 2014 photo, Philip Seymour Hoffman poses for a portrait at The Collective and Gibson Lounge Powered by CEG, during the Sundance Film Festival, in Park City, Utah. Hoffman, who won the Oscar for best ... In this Jan. 19, 2014 photo, Philip Seymour Hoffman poses for a portrait at The Collective and Gibson Lounge Powered by CEG, during the Sundance Film Festival, in Park City, Utah. Hoffman, who won the Oscar for best actor in 2006 for his portrayal of writer Truman Capote in "Capote," was found dead Sunday, Feb. 2, 2014, in his New York apartment. He was 46. (Photo by Victoria Will/Invision/AP) MORE LESS

NEW YORK (AP) — Court documents show Philip Seymour Hoffman rejected his accountant’s suggestion that he set aside money for his three children because he didn’t want them to be “trust fund” kids.

The New York Post (http://bit.ly/1ntwUa9 ) says the children’s court-appointed lawyer recently interviewed the actor’s accountant, David Friedman.

In a July 18 filing in Manhattan Surrogate Court, Friedman recalled conversations with Hoffman where the topic of a trust for his children was raised. He said Hoffman wanted his estimated $35 million fortune to go his longtime partner and the children’s mother, Mimi O’Donnell.

According to the filing, Friedman said Hoffman treated O’Donnell “in the same manner as if she were a spouse.”

The court-appointed attorney says the actor’s will should be approved by the court because there isn’t anything suspicious about it.

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  1. TPM: Court documents show Philip Seymour Hoffman rejected his accountant’s suggestion that he set aside money for his three children because he didn’t want them to be “trust fund” kids.

    Thanks, dad.

  2. Well, he gave the money to their mother who is raising them, so it’s not as if they won’t be provided for.

  3. Is the will being contested, are the children now adults and contesting the will?

  4. The children are not adults.

  5. I bet the kids didn’t want a dead Father, either.

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